# In the matter of Justclick Travels Pvt. Ltd. (IB)-1072(ND)2019

> NCLT judgment dated 2019-07-02. Citation: TCN-2019-NCLT-02711. The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code…

- **Court:** NCLT
- **Order date:** 2 Jul 2019
- **Citation:** TCN-2019-NCLT-02711
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/justclick-travels-pvt-ltd-ib-1072nd2019-1640972a

## Summary

### Background

The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant is Success Guru Consultancy Services, and the respondent is Justclick Travels Pvt Ltd. The matter was brought before the National Company Law Tribunal (NCLT), New Delhi.

## Facts

Success Guru Consultancy Services filed an application under Section 9 of the IBC against Justclick Travels Pvt Ltd. During the proceedings, the parties reached a settlement. Success Guru Consultancy Services received the full claim amount from Justclick Travels Pvt Ltd. Consequently, the counsel for Success Guru Consultancy Services, Mr. Palash Mittal, informed the court that his client wished to withdraw the application. The NCLT considered the settlement and the request for withdrawal.

## Issues and analysis

### Issue 1: Whether the application filed under Section 9 of the IBC can be withdrawn based on a settlement …

**Ratio:** An application under Section 9 of the IBC can be withdrawn if the parties have settled

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**Reasoning:** The court reasoned that since the parties have settled the matter, and the applicant has

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**Interpretation:** The interpretation is that the IBC allows for the withdrawal of applications

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**Application:** In this case, the applicant, Success Guru Consultancy Services, received the

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## Parties

- **Judges:** DEEPTI M…; Pradeep R.…
- **Appellants:** Success Guru…
- **Respondents:** Justclick Travels…

## Timeline

- **N/A — Application…**: Success Guru Consultancy Services filed an application under Section 9 of the IBC against…
- **2019-07-02 — Order Del…**: The NCLT delivered an order allowing the withdrawal of the application and disposing of…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/justclick-travels-pvt-ltd-ib-1072nd2019-1640972a